GRANITE RIDGE RESOURCES INC (GRNT) Stock Overview
USA - NYSE:GRNT - US3874321074 - Common Stock
GRNT Key Statistics, Chart & Performance
The current stock price of GRNT is 5.26 USD. In the past month the price decreased by -6.07%. In the past year, price decreased by -13.63%.
GRNT Latest News, Press Relases and Analysis
GRNT Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| COP | CONOCOPHILLIPS | 11.95 | 108.55B | ||
| CNQ | CANADIAN NATURAL RESOURCES | 11.27 | 63.05B | ||
| EOG | EOG RESOURCES INC | 9.91 | 58.56B | ||
| FANG | DIAMONDBACK ENERGY INC | 9.8 | 40.37B | ||
| EQT | EQT CORP | 21.82 | 33.22B | ||
| WDS | WOODSIDE ENERGY GROUP-ADR | 11.11 | 27.63B | ||
| EXE | EXPAND ENERGY CORP | 25.74 | 23.48B | ||
| VG | VENTURE GLOBAL INC-CL A | 17.9 | 22.17B | ||
| TPL | TEXAS PACIFIC LAND CORP | 46.77 | 21.56B | ||
| DVN | DEVON ENERGY CORP | 7.43 | 20.33B | ||
| CTRA | COTERRA ENERGY INC | 10.8 | 17.23B | ||
| VNOM | VIPER ENERGY INC-CL A | 19.58 | 11.82B |
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About GRNT
Company Profile
Granite Ridge Resources, Inc. engages in the exploration, development, and production of oil and natural gas. The company is headquartered in Dallas, Texas and currently employs 3 full-time employees. The company went IPO on 2020-11-06. The firm owns assets in six unconventional basins across the United States. The company holds assets in the Permian (Delaware and Midland basins), Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ) and Appalachian basins (Properties). The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes the Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a natural gas basin located in northwestern Louisiana and east Texas. The DJ Basin is a geologic basin centered in eastern Colorado, stretching into southeast Wyoming, western Nebraska and western Kansas. The Appalachian Basin is a geologic basin in the eastern United States.
Company Info
GRANITE RIDGE RESOURCES INC
5217 Mckinney Avenue, Suite 400
Dallas TEXAS US
Employees: 3
Phone: 12143962850
GRANITE RIDGE RESOURCES INC / GRNT FAQ
What is the stock price of GRANITE RIDGE RESOURCES INC today?
The current stock price of GRNT is 5.26 USD. The price decreased by -2.23% in the last trading session.
What is the ticker symbol for GRANITE RIDGE RESOURCES INC stock?
The exchange symbol of GRANITE RIDGE RESOURCES INC is GRNT and it is listed on the New York Stock Exchange, Inc. exchange.
On which exchange is GRNT stock listed?
GRNT stock is listed on the New York Stock Exchange, Inc. exchange.
What is the price forecast or stock price prediction for GRANITE RIDGE RESOURCES INC stock?
12 analysts have analysed GRNT and the average price target is 7.28 USD. This implies a price increase of 38.33% is expected in the next year compared to the current price of 5.26. Check the GRANITE RIDGE RESOURCES INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is GRANITE RIDGE RESOURCES INC worth?
GRANITE RIDGE RESOURCES INC (GRNT) has a market capitalization of 690.38M USD. This makes GRNT a Small Cap stock.
How many employees does GRANITE RIDGE RESOURCES INC have?
GRANITE RIDGE RESOURCES INC (GRNT) currently has 3 employees.
What are the support and resistance levels for GRANITE RIDGE RESOURCES INC (GRNT) stock?
GRANITE RIDGE RESOURCES INC (GRNT) has a support level at 5.19 and a resistance level at 5.41. Check the full technical report for a detailed analysis of GRNT support and resistance levels.
Is GRANITE RIDGE RESOURCES INC (GRNT) expected to grow?
The Revenue of GRANITE RIDGE RESOURCES INC (GRNT) is expected to grow by 27% in the next year. Check the estimates tab for more information on the GRNT EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy GRANITE RIDGE RESOURCES INC (GRNT) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of GRNT, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of GRNT, evaluating the profitability, health, valuation and growth aspects
- GRANITE RIDGE RESOURCES INC (GRNT) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- GRANITE RIDGE RESOURCES INC (GRNT) Sales and EPS estimates to see what analysts future expectations are.
- GRANITE RIDGE RESOURCES INC (GRNT) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- GRANITE RIDGE RESOURCES INC (GRNT) Insider and Institutional Ownership to learn about the owners and their transactions.
- GRANITE RIDGE RESOURCES INC (GRNT) Stock Chart to make your own analysis
- GRANITE RIDGE RESOURCES INC (GRNT) Latest news and press-releases to stay up to date.
Does GRANITE RIDGE RESOURCES INC (GRNT) stock pay dividends?
GRANITE RIDGE RESOURCES INC (GRNT) has a dividend yield of 8.01%. The yearly dividend amount is currently 0.44. Check the full fundamental report for a detailed analysis of GRNT dividend history, reliability and sustainability.
When does GRANITE RIDGE RESOURCES INC (GRNT) report earnings?
GRANITE RIDGE RESOURCES INC (GRNT) will report earnings on 2025-11-06, after the market close.
What is the Price/Earnings (PE) ratio of GRANITE RIDGE RESOURCES INC (GRNT)?
The PE ratio for GRANITE RIDGE RESOURCES INC (GRNT) is 8.22. This is based on the reported non-GAAP earnings per share of 0.64 and the current share price of 5.26 USD. Check the full fundamental report for a full analysis of the valuation metrics for GRNT.
What is the Short Interest ratio of GRANITE RIDGE RESOURCES INC (GRNT) stock?
The outstanding short interest for GRANITE RIDGE RESOURCES INC (GRNT) is 2.54% of its float. Check the ownership tab for more information on the GRNT short interest.
GRNT Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to GRNT. When comparing the yearly performance of all stocks, GRNT is a bad performer in the overall market: 76.83% of all stocks are doing better.
GRNT Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to GRNT. GRNT has a medium profitability rating, but doesn't score so well on its financial health evaluation.
GRNT Financial Highlights
Over the last trailing twelve months GRNT reported a non-GAAP Earnings per Share(EPS) of 0.64. The EPS decreased by -3.03% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 7.43% | ||
| ROA | 2.91% | ||
| ROE | 5% | ||
| Debt/Equity | 0.43 |
GRNT Forecast & Estimates
12 analysts have analysed GRNT and the average price target is 7.28 USD. This implies a price increase of 38.33% is expected in the next year compared to the current price of 5.26.
For the next year, analysts expect an EPS growth of 8.99% and a revenue growth 27% for GRNT